ALX Resources Corp.’s mandate is to provide shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties, which include gold, nickel, copper, cobalt and uranium. The Company executes well-designed exploration programs using the latest technologies and holds over 200,000 hectares of prospective lands in Saskatchewan, a stable Canadian jurisdiction which demonstrates strong potential for economic base metals deposits, and hosts a producing gold mine and the richest uranium deposits in the world. ALX has also acquired and maintained nickel, gold and copper projects in Ontario, Canada, one of the most prolific mining districts in the world.
ALX owns 100% interests in the Firebird Nickel Project (now under option to Rio Tinto Exploration Canada, who can earn up to an 80% interest), the Flying Vee Nickel/Gold and Sceptre Gold projects, and can earn up to an 80% interest in the Alligator Lake Gold Project in northern Saskatchewan. ALX owns or can earn up to 100% interests in the Vixen Gold Project, the Electra Nickel Project and the Cannon Copper Project located in historic mining districts of Ontario, Canada, and the Draco VMS Project in Norway. ALX holds interests in a number of uranium exploration properties in northern Saskatchewan, including a 20% interest in the Hook-Carter Uranium Project, located within the prolific Patterson Lake Corridor, with Denison Mines Corp. (80% interest) operating exploration since 2016, and a 40% interest in the Black Lake Uranium Project, a joint venture with UEX Corporation and Orano Canada Inc. ALX is based in Vancouver, BC, Canada and its common shares are listed on the TSX Venture Exchange under the symbol “AL”, on the Frankfurt Stock Exchange under the symbol “6LLN” and in the United States OTC market under the symbol “ALXEF”.
Management’s objectives for the company are:
- Maintain one of the strongest portfolios of mineral exploration properties in Saskatchewan, and develop its exploration presence in Ontario, Canada;
- Spend capital and exploration dollars wisely and aggressively to make new discoveries in nickel, gold, copper, cobalt, uranium and other valuable metals;
- Maximize shareholder value and work with committed and long-term partners and investors;
- The Company’s primary goal is to explore its mineral properties to their fullest potential, and advance them by way of equity financing, joint ventures, option agreements or other means.
To Learn more about ALX, please contact:
Roger Leschuk, CIM, FCSI
Manager, Corporate Communications